Americas
Briefs

Updated June 7, 2001 12:01 a.m. ET

Bush Allows Mexican Companies to Invest in U.S. Transporation

President Bush issued an order opening the door to Mexican companies to operate trucking and bus services based in the U.S., in a decision honoring provisions of the North American Free Trade Agreement. Mexican carriers based in the U.S. will immediately be able to apply for operating authority to transport people or international goods between points within the U.S., Mr. Bush said in a memorandum to U.S. Transportation Secretary Norman Mineta. The carriers will be subject to the same federal and state regulations and procedures that apply to U.S....